From Our CEO
Investor Home Purchases Hit Record, Surpassing Pre-Pandemic Levels
Investors took the housing market by storm in the second quarter—buying up $49 billion worth of homes—as surging property prices and rental demand created opportunities
Homebuyers Are Turning Back to Condos After Pandemic-Driven Slump
Condos are selling above asking price for the first time in at least nine years, and the typical condo is selling in a record 22

Interest in Relocating Remains Elevated, With Nearly 1 in 3 Redfin.com Users Looking to Move to a Different Metro
Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to
Housing Market Update: Pending Sales Dip, Price Drops Becoming More Common
Over 4% of homes for sale had price drops, and pending sales are down more than 10% from their 2021 peak.
Share of Homes Bought With All Cash Hits 30% for First Time Since 2014
Cash is on the rise as affluent Americans benefit from a surging stock market and the flexibility to relocate to more affordable parts of the
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.
Investor Home Purchases Hit Record, Surpassing Pre-Pandemic Levels
Investors took the housing market by storm in the second quarter—buying up $49 billion worth of homes—as surging property prices and rental demand created opportunities
Homebuyers Are Turning Back to Condos After Pandemic-Driven Slump
Condos are selling above asking price for the first time in at least nine years, and the typical condo is selling in a record 22

Interest in Relocating Remains Elevated, With Nearly 1 in 3 Redfin.com Users Looking to Move to a Different Metro
Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to
Housing Market Update: Pending Sales Dip, Price Drops Becoming More Common
Over 4% of homes for sale had price drops, and pending sales are down more than 10% from their 2021 peak.
Share of Homes Bought With All Cash Hits 30% for First Time Since 2014
Cash is on the rise as affluent Americans benefit from a surging stock market and the flexibility to relocate to more affordable parts of the
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.